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Dividend payout to govt based on affordability - Petronas

This article is a year old

Petronas has announced that its dividend payment to the government will be decided based on its affordability.

Its chief executive officer Tengku Muhammad Taufik Tengku Aziz said Petronas has been asked to pay between RM35 billion and RM40 billion dividend this year but the amount would be finalised after the group’s due diligence exercise which would take into account its debt and investments obligations.

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